Current Attempt in Progress

Indicate how each of the items listed would be handled in preparing a bank reconciliation.

Outstanding checks.

Bank service charge.

Check for $$420$ correctly written and paid by the bank but incorrectly entered in the cash payments journal for $$240.$

Deposit in transit.

Bank returns deposited check marked NSF$.$

Bank collects notes receivable and interest for depositor.

Bank debit memorandum for check printing fees.

Petty cash custodian has $$91$ in paid petty cash vouchers that have not been reimbursed.

Bank charged a check against the company which should have been charged to another company.

A check for $$246$ was correctly paid by the bank but was incorrectly entered in the cash payments journal for $$264.$